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Rising virus rates threaten economy, says Bank of England

2020-09-17 13:37:15| BBC News | Business | UK Edition

Bank of England says Brexit is another risk as it keeps interest rates at historic low.

Tags: rates bank england economy

 

Coronavirus: Hit to global economy 'will be less than expected' in 2020

2020-09-16 14:38:47| BBC News | Business | UK Edition

The OECD now forecasts a decline of 4.5% in 2020, but says the damage will still be "unprecedented".

Tags: global hit expected economy

 
 

UK economy continues recovery in July

2020-09-11 08:48:50| BBC News | Business | UK Edition

The economy grew by 6.6%, but the country's output remains far below pre-pandemic levels.

Tags: july continues economy recovery

 

Nestlé Infuses $30 Million into Circular Economy Private Equity Fund

2020-09-09 13:00:00| Waste Age

Nestle has deployed its first investment from its sustainable packaging venture fund to support the Closed Loop Leadership Fund's acquisition of companies that are advancing the circular economy in the United States. The Closed L

Tags: private million economy fund

 

UK faces 18.2bn hit to the economy and loss of 5G leadership position

2020-09-09 02:00:00| Total Telecom industry news

The new report, commissioned by Huawei, builds upon the Government’s own expectation of a 3-year delay to 5G roll-out. The removal of Huawei equipment sooner than 2027 would lead to a further delay to roll-out and higher cost to the UK economy.   In the last 12 months, the UK mobile operators have made significant progress in deploying 5G infrastructure…read more on TotalTele.com »

Tags: position hit loss economy

 

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